Trend Table for FTLS - First Trust Long/Short Equity

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 17	B	Strong	Up	Up	Down	5.42%
Jul 16	B	Strong	Up	Up	Flat	4.48%
Jul 15	B	Strong	Up	Up	Flat	4.50%
Jul 12	B	Strong	Up	Up	Flat	4.71%
Jul 11	B	Strong	Up	Up	Flat	4.70%
Jul 10	A	Strong	Up	Up	Up	3.71%
Jul 9	A	Strong	Up	Up	Up	4.07%
Jul 8	A	Strong	Up	Up	Up	4.23%
Jul 5	A	Strong	Up	Up	Up	4.30%
Jul 3	A	Strong	Up	Up	Up	4.37%